 Hey guys, this is rich or much to be live I wanted to go live and talk a little bit about the situation with wearing my high-times investor jacket and my shirt today So Zenibus reports that they have a new non-dilutive Funder that's gonna be working with them to help them clean up their balance sheet Stock goes down seven percent trades about a million shares We know the insiders are selling We know that there's people probably panic selling as well We know there's a lot of people buying thinking there's a buying opportunity because now there's a top five LP in Canada That is trading around a dollar So more and more people are gonna start buying the stock as they see an opportunity the question is When is the selling gonna stop when is Ricky Brar and the insiders gonna stop selling the shares in Zenibus? That's one of the questions another question is GMP security said that they have a very complicated share structure so Is Zenibus going to do to clean up the float and is this all part of them cleaning up the float? Because what they've done now is they brought in another party to give them $50 million at 14% interest and They have the ability now to clean out the diluted toxic funders that were selling shares Into the market taking the price down The concern that I have is what are they gonna do about guys like Ricky Brar the ex CEO That has 23 million shares and doesn't have an issue with dumping them Now a good solution is have a lot more liquidity and the stock traded a million shares today So you could imagine if it trades a million shares a day He would technically be able to sell all of his shares in a month So is that's what is that what is happening with Zenibus right now? Are they just trying to liquidate all their insiders at these lower levels because if I was Zenibus I Wouldn't want to be buying someone else's shares the XCO shares for more than 10 cents on the dollar So maybe that's what they're doing Maybe they know these guys want to sell They know that these guys that used to be involved with the company because they have a new regime now So maybe they knew the guys that were involved with the company before wanted to sell Maybe they told them they were gonna sell. I don't really know but Starting to think that they knew these guys were gonna sell and they're thinking okay Well, if you're gonna sell we're gonna buy up the shares at the lowest possible price and That's what we're seeing here on Zenibus We're seeing consistent selling on the big However, there's always a market for someone to pick up those shares And the market keeps going down The shares and the market keep going down and They keep going down and they keep going down and they keep going down And I think they're going to continue to keep going down Until something drastic happens Now the question is are they doing this on purpose is This part of the strategy is this part of the plan by Zenibus Is it their plan to just buy up these shares cheap? Because they know that the insiders are selling They know there's insiders that used to be a part of the company that are now selling that don't seem to care about the price so Maybe Andrew knows this and he's saying to them. Okay guys, just sell your shares. We'll buy them up Just keep selling them and we'll buy them up Maybe that's what's happening here There's definitely a game within the game because at the end of the day the cannabis sector is at like all-time lows for the last two years and yet The Dow Jones is going up The markets are strong the global markets are strong gold is going up Bitcoin's been going up this year but cannabis stocks After January where there was huge run and February March where we were green as well We've had five months of red in a row So you have to believe there's a lot of manipulation happening right now Like a lot of manipulation happening right now. Okay So you have to really start thinking what is really happening right now the CEO puts out news Saying that this is a great thing for Zenibus and Zenibus is moving in the right direction Zenibus is going to get to a hundred and forty three thousand KGs by the end of this quarter Which is September So we're not far away from a hundred forty three thousand KGs, but Zenibus only produced twenty four hundred KGs last quarter So he's saying that they're going to be able to produce a hundred forty three thousand KGs But they only produced twenty four hundred KGs last quarter So how are you going to jump from twenty four hundred KGs to a hundred forty three thousand KGs? And how long is it going to take? To jump from twenty four hundred KGs to a hundred forty three thousand KGs This is what I'm starting to think and we know the revenue growth is moving in the right direction And I believe that that will continue to But how long is it going to take and how low is Zenibus going to go right now? and How many insiders that are holding huge amount of shares like Ricky Barr that holds over 23 million shares How many insiders are going to continue to sell at these prices? Are they just planning on selling a little bit? Are they planning on selling all of their shares? So these are the things that I'm thinking about with Zenibus now with Tilray Tilray exploded today They went up like 10% most of it was done at the end of day kind of a sneak attack It's kind of how I predict you would be in the summertime I said we were gonna have a red summer and it would be followed by sneak attacks throughout the summer and Followed by a resurrection. Well, it's gone exactly as planned Did I think Zenibus would go down to a dollar 25 no I didn't am I surprised not really I'm surprised. They're actually a top five producer so quickly in eight months. I like their growth I think the growth is exponential and if you look at their Share structure, they remind me of canopy growth if you look at their business model they remind me of Village Farms and Village Farms was just on Jim Kramer show Mad Money and a lot of people are starting to really look highly at Village Farms and I think Village Farms has been a giant that we predicted first So when you look at the plant propagation business Zenibus did 18 million in sales and Village Farms is doing a lot of sales in plant propagation. That's why Village Farms and Zenibus are so similar when you look at canopy growth and you look at Zenibus and you look at the canopy growth Share structure, you'll see a share structure that is very similar to Zenibus that's why I think Zenibus is a cross between canopy growth and Village Farms and you look at Zenibus's revenue 25 million in revenue and you look at Village Farms is revenue growth revenue To be quite honest with you Zenibus is growing faster than both of those companies did So the upside for Zenibus is just in my opinion. It's absolutely enormous Now Tilray is doing business in Germany and they put out news that they just shipped $3.3 million to Germany. That's why Tilray exploded 10% today in a market in Canada and the United States That is mostly red Tilray had a monstrous day Even though canopy growth was red even though everybody else for the most part was red There's always going to be sneak attacks in a sector that is a growing sector and Tilray reporting 3.3 million in business in Germany is big news for Tilray. That's why Tilray exploded Now you're gonna ask why did Zenibus go down? Zenibus is doing a dilutive funding When you announce that you're raising money and it's going to be at a 14% interest rate, it's a loan Anytime a company puts out news especially in this market. That's all red Anytime a company puts out news and the news is actually good news Because it's better than what they had before before they had a 25 million dollar loan that was diluted Which meant the company could sell shares into the open market Now they have an interest bearing loan of 50 million which they can pay monthly at 14% which is around 600,000 a month in interest So that's why the stock is going down But the reality is based on the revenue that they're generating and the profit that they're forecasting for 2020 and beyond I believe 95 million in 2020 and 400 million in 2021 I Don't see how 600,000 a month is Going to really be a big hindrance to them So I believe Zenibus is a company that's moving in the right direction similar to Tilray I believe Tilray is a giant and they are moving in the right direction But Tilray is different than Zenibus in the sense that they've been around longer than Zenibus they've got a bigger name and a bigger brand and The other thing about Tilray is they've got the green light from the DEA That's huge in America. They are also listed on the NASDAQ, which is also huge in America So from that perspective, Tilray is different Tilray is different and they're going to be a giant But the difference between Tilray and Zenibus is that Tilray has a very tight flow And they don't got a bunch of people inside or selling like Zenibus does Some of those insiders are the ex-CEO Who now no longer feels like he wants to hold on to some of his shares. He's selling his shares No Ray has insiders that believe that or maybe they decided. I don't know. I don't know if they're selling or not but the reality is They have shares, I don't think they're selling. I think they're still locked up They had shares that went up as high as $300 because they have a tight flow They have a tight flow, which means they have less shares issuing outstanding Compared to Zenibus, but Zenibus because they were a plant propagation business That partnered with Sun Farms Bevo Agro, which was a plant propagation business fruits vegetables flowers and They still made 18 million last quarter Partnered with Sun Farms, which was a cannabis company to create this conglomerate this giant so That's why we are where we are With Zenibus it has a very complicated share structure. There are insiders that are selling shares Those insiders might be selling a little bit or they might be selling all their shares. I don't know But the management in Zenibus must have a plan in order to ensure that the stock is going to go up and a Shareholders are going to be able to build shareholder value and shareholder equity because at the end of the day It is every CEO's modus operandi To build shareholder equity and create shareholder value Alfonso says if insiders were smart, they wouldn't be selling Zenibus shares And stock I agree with you, but at the end of the day The thing you have to remember is that they have the right to sell Nobody has the right to tell you went to buy yourself. How you doing Sheldon? How you doing Gail? Gail says keep wearing that hat believe was up today. Yeah, I do have shares and believe and I do believe in believe and I believe in Zenibus. I believe in canopy growth I believe in Aurora cannabis. I believe in Aphria I believe that these companies will get bigger and I believe these companies will get better. I believe in Kira leaf I believe in true leave. I believe in fire. I believe in fire and flower. I believe in Village farms. I believe in chronos group. Now the prices are skewed The prices are skewed because none of these companies are worth what they're trading at Sheldon says I believe in Bev canna. I believe in Bev canna as well They've been a huge winner for our members This entire sector is skewed because prices have not been trading at real valuations Okay, Bob says Liberty health science is also a good long-term for a US part Yeah, I don't doubt it. They have a lot of potential Chris Grant says rich. Do you see Zina getting pushed down to a dollar at this level? Maybe Anything's possible. They're ready at a dollar 25. So to go down another quarter Anything's possible, but I can assure you if they do go to a dollar. I'm loading up and I'm buying way more I promise you that I'll just keep loading up and keep loading up on this bad boy until Their day comes where they explode and then it's going to be a party It's going to be a big party because you can only Think down for so long and when their revenue continues to grow, how are you going to be able to? Justify a one-dollar share price Yes, Zina does have a hundred eighty three thousand KGs of extraction they do plan to get into extraction as well. So this is the thing a lot of people don't understand about Zenibus They are fully integrated Cannabis and CBD company they will be doing Cannabis sales they will be doing CBD sales and they are doing cannabis and CBD sales as we speak and They will be doing plant propagation sales, which they're doing as well, and they're going to be doing sales in Extraction so stay tuned Zina's only gonna get bigger Do I believe in cantrust I do believe in cantrust I do believe cantrust will get through this They're just gonna have to make a lot of changes in management In the way they do their business Den last says do you believe in cantrust? Yes Sheldon says does Zina have any plans to extract I answer that question Alfonso says Alexan all global you should look into them. Yes, I'm gonna look into them. They're another one of the companies There's so many companies guys Chris Grant says I have been loading up big buy yesterday one day too early been cost averaging down all summer Yeah, you know nobody knows how low they can go but this announcement was the last announcement I believe as far as them dealing with toxic funding They announced in the press release that the next line Funding so I'm excited to see what that bank funding is gonna look like what the interest rate will be at right now The funding is kind of like a private lender 14% interest, which is kind of high once they get interest from a bank Hopefully it's gonna be around six to eight percent. So it'll be under better terms. They'll be able to clean up the entire float they'll be able to eliminate all the toxic funders and I think it'll be rocket fuel and what they're doing by doing this as well as they just keep getting more and more people involved More and more people are getting involved and more and more investors keep buying every day Mr. Jordan says glad I bought Tilray dip yesterday smart move, man We were talking about Tilray yesterday and I was saying, you know It's definitely close to a buy because at some point it's gonna explode and the last time it went to $33 it jumped back to 46 Now it went down to 29 and right now we just jump back up to 32 So, you know, it seems as though that's the bottom around that's kind of the bottom for Tilray found He allow says What about C21 anything good or just forget about it, you know, actually C21 is one that I've been buying secretly quietly I like them long-term. I like the revenue and I think they're gonna grow But like all these stocks man, they've been beat up Sheldon snow says no real further details just that three people have departed Yeah, I mean these companies are gonna go through ups and downs. They're gonna go through changes. They're gonna go through structuring changes They're gonna go through management changes At the end of the day, I feel like can't trust they made some big mistakes and They're gonna have to pay for them But they're gonna overcome it one way or another they will overcome it because I've seen all these companies overcome their problems Throughout the process over the last two years and at some point and can't trust will be a buying opportunity I said that if they go to a dollar, I'll load up. So that's I'll buy 10,000 shares if they go to a dollar I'll invest 10 grand. I'm a risky guy. I'll invest 10 grand at a dollar. I got no problem doing that So that's what I think about can't trust. That's my opinion on can't trust So I just wanted to share you guys Some of the news about till ray and Zenibus and what's going on with Zenibus I think Zenibus is going to go way higher. It might go down first before it goes up I did tell you guys they needed to raise 75 million dollars to be able to get their facilities Fully operational. They have now raised 90 million 30 million from till ray 10 million from another party and 50 million now from Another finance here at a 14% interest rate. They now have 19 million dollars to do all the business They need to do and I believe Zenibus is going to be a giant. That's why I have 26,000 shares and I'm going to be buying more I'm also buying the warrants. So I will let you know I have a thousand warrants And I got 25,000 of the shares. I will let you know when I buy more warrants and I buy any more Stock I haven't sold any stock. I'm just holding waiting for the resurrection and I believe it's coming really really soon every single day We're getting closer Sheldon snow says The part it quit or fired I am bag holding at five dollars on can't trust Yeah, I mean the only thing you can do on can't trust is you can buy more to lower your cost or you can wait Gail says what cannabis company do you think will be like Amazon? I? Think any of the top companies have that chance. I think Zenibus has that chance I think can it be growth has that chance. I think Africa has the chance. I think Aurora has the chance. I Think true leave has that chance. I think C-web has the chance. I think a lot of companies have that chance All the top ones right now because it's so early in the game It's all about quality as we get bigger in this game. It's gonna all be it's gonna all be about quality It's gonna be about the quality of the weed It's gonna be about the quality of the CBD's and then it's gonna be about the pricing So as we get more competitive and we get bigger players out here It's all gonna be about quality and pricing Sheldon snow says you should do a video on warts and explain benefits. Yeah, I can do that and negatives I can do that So I believe that we're still in the early days of this cannabis sector this cannabis sector will only get bigger It will only get better. I am a high times investor. I am a long-term investor I invest in companies long term. I also day trade and I momentum trade right now the momentum is down I'm not a short trader if I was a short trader. I'd be shorting everything down Um, I do believe that the momentum will turn we are 52 week lows And we pretty much at 52 week lows for the last two years So in my opinion, I believe that the market goes back up and I'm going to be here And I'm going to pull up every single day whether the market goes up or down right now The market is down overall and it's pushing a lot of companies and insiders to sell And I think that's what we're seeing. There's no liquidity. There's no market makers on the box There's nobody supporting the stocks and insiders are selling and companies are changing their management And companies have new management coming in so the old management is selling and because the old management is selling And they don't care about the price because they got so many millions of shares. They're taking the price down Which is creating a buying opportunity this buying opportunity for those that are willing to stomach it and be able to take advantage of it is going to be a Let's just put this this way this buying opportunity is a blessing dressed And I know it's hard to believe but it's true that the best time to buy is at the bottom When everything is in the deep red and everything is beaten and everything is when everybody's crying That's when we should be buying when Everybody has fear In the streets. That's when you buy when housing is down That's when you buy when stocks are down. That's when you buy Okay, so zenibus is a top five revenue-generating producer in canada And their revenues will continue to grow till rate will be a giant Yeah, they were pumped up to 300 dollars and now they're down to 30 dollar range. So There's a lot of manipulation in these markets guys, okay These markets are highly manipulated a lot of stocks are highly oversold A lot of stocks are highly overvalued. You know, how do you explain ii pr trading over a hundred dollars? How do you explain gw pharma? How do you explain tillray? How do you explain canopy growth? How do you explain chronos group? How do you explain village farms? All the companies with the tightest floats are trading at the highest prices. That's how you explain it You cannot justify it based on their Eps their earnings per share because very few companies have earnings per share and true leave has just recently turned record revenue for them and profit ebuda earnings per share eps And yet they've been going down. Everybody keeps saying rich. Why is true leave going down? I keep saying the same thing It's a buying opportunity But everyone keeps saying why are they going down? They've got insiders that are selling They got insiders that are selling Recon says zenibus will bounce back hard Recon says recon legend says zenibus will bounce back hard only a matter of time. I agree 100% Sheldon says, how do we get some of the hats rich? I get these hats at the cannabis conferences I just walk around and I just grab them. They're free I tell everyone that I'm a rich tv live and I'd like to wear your hat on my show and everyone just gives them to me You guys should say the same thing say hey, I'm a part of the rich tv live community And I'd love to have a hat and support your company and make videos and they'll give you a hat Because the rich tv live community and this rich tv live revolution is real No conferences in the northwest territories Yeah, you got to come down to bc bro Or you got to go down to Toronto. That's where they do all the conferences and they do a lot of them in the us too San Francisco, Las Vegas New York, Florida, Cali is where they hold most of the conferences Miami and in Canada. They've been holding them in Toronto and in Vancouver. So Lift go to look look at lift and co lift and co holds conferences. That's all they do I've given you guys views of my five acre land You guys see it all the time when I livestream for my backyard This is one of the lakes Here in Vancouver That I like to stream from I got this literally this entire lake to myself I'm not gonna I'm I'm under the gazebo or I would show you guys the lake But there's literally a lake right there Can't really see it. I don't know if you guys can see the water, but I don't really want to get wet But yeah, I'm out of lake right now I'm out of lake right now. I don't know if you guys can see it, but that's water right there You guys see it Yeah, I love the water Recon legend says Zena management has done nothing but execute. They're just caught in a funk Well, they've got a lot of insiders that are selling dumping shares And yeah, the cannabis sector is down for sure But they got insiders dumping shares when the entire market is down. So it's a recipe for disaster You live a thousand kilometers above yellow knife. Wow You're brave, bro Man, I bet you gets a helicold out there. I don't know if I can handle that But um, yeah, man, this cannabis sector is a trip Man, there's gonna be ups and downs, but I always say just keep believing man Keep believing in your dreams. Rome wasn't built in a day And uh stocks are gonna go up and down, but this is a new sector And a lot of these stocks are overvalued. They're not trading on real fundamentals. They trade on hype There's a lot of retail investors and a lot of cannabis enthusiasts like me That are just believing these companies and they invest in the companies and we hold these stocks And that's why these stocks go up and down with a lot of volatility But one thing I've noticed about zenibus. It's becoming way more liquid people are buying more shares People are learning about the company more and more. It's trading like a million shares a day now So as you see the stock starting to trade more and more and you see more and more people feeling like this is a company That's undervalued under appreciated and under exposed You will see more and more people start buying the stock And as more and more people start buying the stock what happens is all these guys that are selling Eventually their stock is gone So eventually when all that stock is gone and it's in friendly hands And hands of people that believe that this stock is going to go up and they want to hold it Well, then guess what? Eventually all that buying that comes in it starts taking the price up And instead of these guys with their market makers selling stock into the market You're going to see buying come in and you're not going to see insiders dumping shares and that's when you're going to see the stock go up Thank you guys for the nine likes. Let's see if we can get to 10. We've got 25 people watching Is your boy rich or miss tv live? I've been doing this for two and a half years I've seen ups and downs with every single one of these companies I remember when people were saying that canopy growth was spending too much money And they went from five bucks to 17 And then they went back down to seven eight nine range Then everybody said, oh, yeah, canopy is the best thing since sliced bread Then they went back up all the way to 70 dollars And now they're back down to 35 bucks And now everybody's trying to say that they're spending too much money now again It's just a cycle guys. Haven't you seen the cycle? Like there's no need to panic This is a cycle and when things are down everybody puts out all the negative news And then when things are good everybody talks about all the positives That's the way the sector goes and it's never going to change. It's going to be highly volatile It's going to be highly risky. And that's why I love it That's why I choose to invest in the sector. Absolutely love it Sheldon says wait till september when everyone gets back to work Yeah, man, and we know what's going to happen then we're going to have rocket fuel and everything's going to explode Kathy martin says everybody wants to look like a genius You know what I just want to win I don't want to look like a genius I just want to win and I want you guys to win only thing that matters to me is that I win and my community wins That's it And in looking for long-term winners, you got to look for certain clues And to me zena checks all the boxes So I like everything I see. I don't like the insiders dumping shares But at the end of the day, I'm going to teach you guys a secret because I've had a lot of brokers. Okay If the stocks are down then the talking heads talk about the negatives, of course so Let's say I'm an investor and I got shares I've got I'm ricky bar and I got 25 million shares and I want to dump my shares. Okay I tell my broker I'm gonna dump my shares my broker knows I want to dump my shares. What do you think the broker does? Do you guys know anything about the stock market how the market makers work? So I tell my broker. Hey, I got 25 million shares. I want to sell them all Broker says, okay What do you think the broker does? He knows you want to sell 25 million shares. What do you think he does? What do you think he does? I want to know if you guys know the markets If you know the way this game is played because this is a game and it's played a certain way And now that I know that there's insider selling I know that it's going to go lower Because the market maker what they do is they short the stock Because they know that they're holding 25 million shares So what they do is all market makers have offshore accounts that they work with that are not affiliated third parties And what they do from there is they say, hey, buddy. Guess what? I'm holding 25 million shares from this guy and 25 million shares from that guy and 25 million shares from that guy And they all want to sell So guess what they do. Okay. Great. Let's short it And why would they short it because they know those guys are going to sell So if you know that those guys are going to sell you're going to short it because you've got Millions and millions of shares on your desk and you know that those stocks are going to go down Because those guys are eager to sell so you tell your buddies offshore. Hey, can you uh short the stock? Because guess what? I got a bunch of shares and this bad boy is going down because I'm going to be selling And this guy's eager to sell And they pre-short the stock This actually happens I know it's dirty. I know you're like, oh, that's dirty. I can't believe it. You know, how can people actually do that? I'm telling you that's what happens And that's exactly what's happening right now So as far as I'm concerned until ricky brar stops selling And insiders that are holding like he had 25 million shares. He had 10 of the company's float He had 10 of the entire float of the company So of course he could take this entire thing down himself He probably is So the market makers know he's going to sell the stock they short and advance Stock goes down Creates panic more people start selling Then ricky bar starts calling up the broker and he's like man. I don't know if I should sell it Just keeps going down and the broker's like why let's just keep selling it man. You got 25 million bucks. You don't want it Ricky says, okay. Yeah, I just keep selling At any price any price Okay, good, then he calls up his buddy offshore. Hey, um This guy's eager to sell. He doesn't care. He told me I can sell it at any price. Okay, great. Click Guess what he's gonna do. He's gonna short some more Create some vicious cycle Eventually ricky bar stock is gonna be gone And then what's gonna happen? These guys won't be shorting anymore. They'll be covering and then you're gonna see the stock explode back up like a boomerang like a elastic band And you're gonna see the stock skyrocket back up to two dollars Mark my words Mark my words Because as soon as it started going down, I had to figure out why once I figured out it was inside her selling I needed to know why once I figured out they were no longer part of the company. I knew exactly why at that point They're no longer part of the company. They've got no loyalty to the company. So they'll just sell it at any price Their their broker knows this He's gonna call up his buddy that he's not affiliated to and get him to short the stock And that's where the stock's going down Where does the stop? I have no idea But at some point it will Most likely when ricky bar finishes selling Maybe he just wanted to sell a million dollars worth or a couple million dollars worth and just You know invest in his new cannabis startup And maybe he plans to hold the rest. I don't know But the reality is it is creating a great buying opportunity for a company that is a top five producer in canada and Will continue to grow and get bigger and better every single quarter Hopefully I've explained a few things to you guys Hopefully you've learned something from this video Hopefully you like this video if you do like this video smash the like button Comment down below and share the video anywhere and everywhere This is rich for mr. Be live if you're not winning you're not watching We're bringing the winners and analyze them for you. We break it down And we try to do it first We bring you zina before it explodes. I don't want to bring you a stock That's up like Thousands of percent like everybody else did when they were talking about aurora after I brought you guys aurora at two Box and aurora went to 15 and everybody was telling you to buy aurora. Yeah, I don't want that I want to talk to you guys about a stock before it explodes zina is that stock Well zina is one of many stocks that I'm going to talk to you guys about before they explode So stay tuned. This is your boy rich from mr. Be live you gotta believe to achieve Think like Warren Buffett Warren Buffett Thinks 20 years from now Where will zina be in 20 years? Think about it All I'm saying is think about it All right people. I'm out. Peace And believe Continue to believe you have to believe to achieve It's true. It's true